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Ventura County, CA

Oxnard

RANK #964 / 996 NAT  ·  #39 / 43 CA  ·  POP 842,009

1YR FORECAST: -0.5%

5YR OUTLOOK: +6%

#1 Best Climate & Terrain #33 Most Overvalued
Our model projects Ventura County's housing market at -0.5% over the next year, underperforming most U.S. counties.

[01] Why Ventura County?

Ventura County, California, stands out for its natural amenities, a characteristic often cited by locals. It was once ranked the most desirable place to live in the country based on its climate, topography, and scenery. Located along the Pacific Ocean, roughly an hour north of Santa Monica, the county offers a relaxed coastal lifestyle with access to beaches like those in Ventura and Oxnard, and opportunities for surfing, kayaking, and paddleboarding. Inland, the landscape transitions to rolling hills and mountains, providing extensive hiking and biking trails in areas like the Santa Monica Mountains and Harmon Canyon Preserve. Notable towns include Ojai, known for its artistic community and wellness focus, and Camarillo, which offers a suburban atmosphere. Commute options to Los Angeles include Metrolink trains and carpool lanes on major freeways.

Life in Ventura County appeals to families and those seeking a balance between a quieter lifestyle and access to urban centers. The county's public school system serves 12 cities and communities, with districts like Conejo Valley Unified and Oak Park Unified recognized for their schools. The economy is diverse, with strengths in agriculture, manufacturing, healthcare, and public administration. While economic growth has been slower compared to other parts of Southern California, there is ongoing investment in commercial and residential sectors, as well as in renewable energy infrastructure.

[02] Market Snapshot

Housing Ratio
11.0x

Overvalued relative to economy

GDP Growth
+3.6%

Above national median

Home Prices
-1.1%

Prices declining

Climate & Terrain
11.2

Favorable climate & terrain

Price/Rent
20x

Above national median (13x)

Housing looks overvalued at 11.0x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Naval Base Ventura County Military
    10,000+
  2. 2
    Amgen Healthcare
    5,000+
  3. 3
    County of Ventura Government
  4. 4
    Los Robles Health System Healthcare
  5. 5
    Haas Automation Manufacturing
  6. 6
    Ventura County Community College District Education
  7. 7
    Community Memorial Health System Healthcare
  8. 8
    Dignity Health-St. John's (Hospitals) Healthcare
  9. 9
    City of Oxnard Government
  10. 10
    Ventura County Unified School Districts Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ventura County U.S. National

The Numbers

DEMOGRAPHICS
Population
842,009
-0.38% YoY
Median Household Income
$102,141
Median Home Value
$719,100
-1.12% 12mo
Median Rent
$2,140
Average Annual Pay
$70,487
+4.0% YoY
Employment
336,272
+1.9% YoY
Income-to-Home-Value
0.142
Less affordable than average
Migration Inflow
2.36%
of pop. from another state
Bachelor's Degree+
34.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$870,000
Days on Market
56
Moderate pace
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
27.3%
Listings w/ Price Drops
21.5%
Building Permits (2024)
1,648
Single-Family Permits
499

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
6.6
per 100K · nat avg 14.8
Injury Deaths
62.0
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C+
AIR QUALITY
GRADE
Median AQI (3yr)
50.3
Moderate
Good Air Days
50%
548 of 1,095 days
Unhealthy+ Days (3yr)
33
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
53
2022
52
2023
46
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$350M
TOTAL
PROJECT AMOUNT STATUS
Ventura Energy Storage (Saticoy Energy Storage Project)
Strata Solar (now Strata Clean Energy)
$100M Operating
Maple Court Apartment Complex (350 units)
Unknown
$100M Proposed
Black Walnut Battery Energy Storage (2 facilities)
esVolta
$50M Operating
Ventura Compressor Modernization Project
SoCalGas
$50M Under Construction
Olivas Park Drive Extension and Levee Project
City of Ventura
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +3.6% 68 percentile
Population Growth -0.4% 14 percentile
Income Growth +8.5% 50 percentile
Vacancy Rate 0.9% 61 percentile
Home Price Change -1.1% 21 percentile
Rent Growth +1.3% 24 percentile
Price/Rent 20x 9 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Ventura County, CA a good place to move to?

The data is not encouraging — Ventura County scores just 2/100 on the Boom Town Index, ranking #964 of 996 counties. Job growth at +1.9% and median household income of $102,141 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Ventura County affordable?

Affordability is a real challenge in Ventura County. The median home is valued at $719,100 — with an income-to-home-value ratio of just 0.14, that's significantly harder to afford than in most U.S. counties. Median rent runs $2,140/month.

Is Ventura County growing or shrinking?

Employers in Ventura County are hiring — job growth of +1.9% — but the population is close to flat (-0.4% YoY). Home values moved -1.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Ventura County?

There's a moderate stream of newcomers. About 2.36% of residents moved from another state, which is above average and suggests Ventura County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

San Mateo County, CA 2 Santa Clara County, CA 3 Lake County, CA 3 Humboldt County, CA 1 Santa Barbara County, CA 1 Napa County, CA 1 Fort Bend County, TX 2 Lee County, FL 2